The Danish energy group Ørsted has invested in the development of a 740 MW solar power project located in Nottinghamshire County, central England (United Kingdom). Ørsted is taking a phased ownership in the project, which it will co-develop with the UK’s PS Renewables.
Once operational, the One Earth solar project will generate enough electricity to supply about 200,000 British households. A development consent order submission for the project is planned for 2025, while completion is expected before 2030. The project will contribute to Ørsted’s target of reaching 17.5 GW of onshore renewable capacity by 2030 (5.7 GW currently in operation, under construction or consented across the United States and Europe).
At the end of 2022, solar represented about 13% of the UK’s installed capacity with 13.8 GW and 4% of its power generation with 14 TWh. The UK currently has over 16 GW of solar projects under construction or development. The UK has set a target to increase solar capacity by nearly fivefold to 70 GW by 2035.
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